Showing posts with label Al Habtoor group. Show all posts
Showing posts with label Al Habtoor group. Show all posts

Tuesday, 15 November 2016

UAE: Metropolitan Hotel Dubai To Reopen Before End Of 2016

The Metropolitan Hotel Dubai on Shaikh Zayed Road, which was demolished in May 2013 to make way for Al Habtoor City, is making a comeback. The hotel is set to reopen its doors to guests this quarter, Al Habtoor Group said in a statement on Sunday. The original Metropolitan Hotel was built in 1979. It was replaced by Al Habtoor City, a development incorporating three five-star hotels and three luxury residential towers.

The new Metropolitan Hotel Dubai will, however, open in a new location on Shaikh Zayed Road, near Exit 41 (Al Thanya Street). The four-star property will have 320 contemporary rooms including 18 suites, and a gym, rooftop swimming pool and spa. Guests will also have access to the pool and beach facilities at Habtoor Grand Resort, Autograph Collection, according to the company statement.

The original Metropolitan Hotel was the Al Habtoor Group’s first foray into the hospitality industry and was one of just a handful of hotels in the city at that time.

“The success of the hotel has helped our hospitality assets grow over the years in unison with the economy of the UAE,” Khalaf Ahmad Al Habtoor, Chairman of Al Habtoor Group, said in a statement.

Al Habtoor Group’s hospitality unit incorporates seven hotels in the UAE including the Metropolitan Hotel Dubai; The Habtoor Grand Resort, Autograph Collection; The Waldorf Astoria Dubai Palm Jumeirah; The St. Regis Dubai and W Dubai — Al Habtoor City, among others. Its international portfolio includes The Ritz-Carlton Budapest; InterContinental Budapest; Hilton London Wembley; Hotel Imperial, a Luxury Collection, Vienna; and The Hilton Beirut Habtoor Grand, among others.


Friday, 15 April 2016

Ritz-Carlton's Latest European Venture Revealed

Ritz-Carlton Hotel Company has opened a new hotel in Europe, with the launch a 200-room hotel in Budapest.

The hotel in the Hungarian capital is owned by UAE-based Al Habtoor Group and was previously a Le Meridien-managed hotel but will now operate under the Ritz-Carlton flag following a significant refurbishment.

The hotel is in a protected historic building, constructed in 1914 as the headquarters for an Italian insurance company, and many of the period features have been retained such as elegant statues on the exterior walls and the stunning stained-glass cupola at the heart of the building. Beneath this, The Kupola Lounge restaurant has been created, offering farmer’s market breakfast or lunch.

The hotel also has a street-side casual restaurant, Deak Street Kitchen, by British firm B3 Designers, complete with ice-cream cart and an outside terrace on Fashion Street.

Located on Elizabeth Square, with views over St Stephens Basilica, the hotel also has a bar with street entrance to attract the local market.

“Budapest is an extraordinary city and perfectly placed to welcome the newest property in our portfolio,” said Herve Humler, president and chief operations officer, The Ritz-Carlton. “We are excited to become an integral part of the thriving, vibrant city.”

Of the 200 rooms, 30 are suites and the hotel also has a Ritz-Carlton Club Level offering on the top levels - 8th and 9th floors – and a spa and fitness centre with indoor pool and three treatment rooms, will follow soon.

Ritz-Carlton Budapest joins sister European properties such as Abama in Tenerife, Hotel Arts in Barcelona and Ritz-Carlton Vienna, as well as the group’s concept hotel in Wolfsburg within the famed Autostadt and home to a three-Michelin-starred restaurant.

The group is also working on a property in Geneva, Hotel De la Paix, likely to be completed next year.

Also coming soon are hotels in Langkawi, Los Cabos, Koh Samui, Bermuda and Turks & Caicos.

Wednesday, 13 January 2016

UAE: Dubai’s Al Habtoor In Overseas Hospitality Investments 2016

Dubai-based Al Habtoor group is planning to expand aggressively next year with Dhs 2bn allocated for international hospitality investments in 2016, the company’s chairman Khalaf Al Habtoor has said.

The value of the company’s investments and expansion initiatives in Dubai currently stands at Dhs 12.5bn, the unlisted company revealed in a statement.

Revenues rose 16 per cent year-on-year during the first nine months of 2015, the statement added. No further financial details were disclosed.

Al Habtoor, said: “Our business model has evolved over the past couple of years. We are a different animal to what we were previously. Our automotive division is expanding rapidly. It recently entered the Saudi Arabian market for the first time with Fuso Trucks. This was a major win for us. In the hospitality sector we have a spectacular portfolio of five-star hotels in Dubai and we are growing internationally.

“We are looking forward to 2016. We have ambitious plans for the future, however, it is not time to be complacent. We are an active player across many sectors and play a key role in the UAE economy. Therefore we need to ensure we have the right teams in place to reach our full potential.”

Within the diversified conglomerate, the group’s hotels division saw the strongest growth with revenue expanding 23 per cent in the first nine months of 2015.

The company’s local assets include The Waldorf Astoria Dubai Palm Jumeirah; The Habtoor Grand Beach Resort & Spa, Autograph Collection; and the recently opened St. Regis Dubai at Al Habtoor City. Two other five-star hotels will open early 2016 at Al Habtoor City – The W Dubai and The Westin Dubai.

Al Habtoor said: “The Residence Collection at Al Habtoor City is ahead of schedule. By the end of 2015 construction will be 50 per cent complete. In addition, we are also developing The Al Habtoor Polo Resort & Club in Dubailand. The centerpiece of the equestrian development is a St. Regis Hotel. The St. Regis name has long been associated with polo, but this marks its first polo resort.”

The Al Habtoor Polo Resort & Club, due to open at the end of 2016, will provide traditional horse-riding, show jumping, dressage and polo. The resort will be surrounded by 156 luxury villas, 24 of which will be St. Regis-branded.

Other developments under construction include a new Metropolitan Hotel on Sheikh Zayed Road. “We are delighted to bring back an old favourite. The old Metropolitan Hotel, on the site of Al Habtoor City, was loved by everyone,” said Al Habtoor.

Internationally, the group has two properties in Lebanon and two in Budapest. Last year it also entered the United States market buying The President Abraham Lincoln Springfield, a DoubleTree by Hilton Hotel. All the international properties posted double-digit revenue growth in the first nine months of 2015, the company said.

Al Habtoor confirmed he had allocated an additional Dhs 2bn for international hospitality acquisitions in 2016.

“I am always considering international growth and looking for sound investments abroad. My focus is on Europe and the United States.”

The conglomerate’s motors division also posted year-on-year revenue growth of 17 per cent between January-September 2015. The auto unit sold 50,693 Mitsubishi vehicles during the period.

“We hold the number one spot in terms of worldwide sales across several of our car brands including Mitsubishi, Bentley, Bugatti and McLaren. Sales of overall Mitsubishi vehicles in the UAE accounts for 60 per cent of GCC sales, and the Mitsubishi Pajero remains the UAE’s top-selling car,” said Al Habtoor.

Al Habtoor Motors is currently building the world’s first - and largest - Bentey Motor showroom on Sheikh Zayed Road. It also recently opened the world’s first Bentley CafĂ© & Boutique in Dubai Marina.